
Rs 5-40 lakh bank surety imposed on builders to ensure STPs

Eicher and Pickkup Partner for 100 Pro X EV Small Truck Deployment
Eicher Trucks and Buses, a business unit of VE Commercial Vehicles (VECV), has announced a strategic partnership with Pickkup, a tech-enabled logistics provider, for the phased deployment of 100 Eicher Pro X EV Small Trucks across multiple markets. The vehicles will serve retail distributors, e-commerce, FMCG, and perishable deliveries.The initiative marks a step forward in advancing clean logistics and sustainable urban mobility, accelerating the adoption of zero-emission solutions in high-demand applications.Pickkup, which operates a 100 per cent electric four-wheeler fleet under an asset-li..

Enlight Metals Targets Rs 12 Billion Sales by FY27
Enlight Metals, one of India’s fastest-growing metal aggregators, has reported sales of over Rs 1.50 billion in FY25 and is on track to cross Rs 4 billion by March 2026. Backed by its technology-led distribution model, the company aims to achieve Rs 12 billion in sales by FY27, redefining steel supply for OEMs and industries across India.In the current fiscal year, Enlight has already supplied 40,000 metric tons of steel, underscoring rising industry reliance on its model. The company has set a target of 1,00,000 metric tons annually by FY25-26, supported by the expansion of its dark-store n..

Mangalam Worldwide to Migrate to NSE Main Board Effective September 18
Mangalam Worldwide (MWL), a fully integrated stainless-steel manufacturer, has received final approval from the National Stock Exchange of India (NSE) to migrate its equity shares from the SME Platform (Emerge) to the Capital Market Segment (Main Board). The migration will take effect on September 18, 2025.The migration, involving 2,97,00,674 fully paid-up equity shares with a face value of Rs 10 each, marks a major milestone in MWL’s growth journey and reflects its strong business fundamentals and market confidence.Commenting on the development, Chandragupt Prakash Mangal, Managing Director..